Venture Global (VG) Research & Development (2024 - 2026)
Venture Global's (VG) quarterly Research & Development came in at $23.0 million in Q2 2026, down 59.65% year-over-year from $57.0 million in Q2 2025, and down 50.0% quarter-over-quarter from $46.0 million in Q1 2026.
Analysis
Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends
Venture Global (VG) has reported Research & Development for 3 consecutive years, with $23.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 59.65% year-over-year to $23.0 million in Q2 2026; TTM through Jun 2026 was $174.0 million, a 66.47% decrease from a year earlier, with the FY2025 full-year figure at $344.0 million, down 45.83% from the prior year.
- Research & Development was $23.0 million for Q2 2026 at Venture Global, down from $46.0 million in the prior quarter.
- Over five years, Research & Development peaked at $182.0 million in Q1 2025 and troughed at $23.0 million in Q2 2026.
- A 3-year average of $104.8 million and a median of $90.5 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development climbed 0.55% in 2025 and sank 74.73% in 2026, its largest moves.
- Over 3 years, Research & Development stood at $124.0 million in 2024, then slumped by 58.06% to $52.0 million in 2025, then plunged by 55.77% to $23.0 million in 2026.
- The last three Research & Development figures came in at $23.0 million (Q2 2026), $46.0 million (Q1 2026), and $52.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | - |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 23.00 Mn |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | - |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -1.81 Mn |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | 2.85 Mn |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | - |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.00 Mn |
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 57.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 156.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 181.00 Mn |